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Bruce B. Dec 14, 2022
Financial Services News
Last active over 7 days
Last active over 7 days
Welcome to the Bullet Point Bulletins Weekly Wrap-Up With Bruce Burke and Tedd Huff of Fintech Confidential.

This week we are discussing how Walmart has a new Fintech service called ONE. And we’ll be talking about how Starbucks is embracing Web3 and expanding their popular Rewards program with NFTs and Journey Stamps.

And of course we’re taking a look at how Ledger has created the iPod of Crypto Wallets with Apple's Tony Fadell. We're also talking about how Twitter is creating their own cryptocurrency tokens.

A special shout out to Tedd Huff of @Fintech Confidential for his support and interaction on this and many other projects. We'll continue to do this wrap-up every week we are able. It's interesting to discuss these happenings with Tedd.

#disruption2 #disruption1 #bulletins #starbucks #nonfungible5 #confidential3 #innovation1 #innovation0 #innovation9 #nonfungible4 #confidential2 #innovation8 #confidential1 #disruption0 #nonfungible9 #disruption9 #disruption8 #nonfungible8 #nonfungible3 #cryptocurrency #nonfungible2 #nonfungible1 #disruption7 #confidential0 #custodial #innovation #disruption #cryptocurrency9 #financial #cryptocurrency2 #cryptocurrency1 #disruption6 #cryptocurrency8 #nonfungible0 #innovation7 #disruption5 #nonfungible #financial1 #confidential9 #nonfungibletokens #confidential #disruption9 #disruption8 #innovation6 #innovation5 #cryptocurrency0 #innovation4 #cryptocurrency7 #nonfungible7 #innovation3 #financial0 #cryptocurrency6 #confidential8 #innovation2 #confidential7 #nonfungible6 #disruption4 #confidential6 #confidential5 #disruption3 #confidential4 #cryptocurrency5 #innovation3 #cryptocurrency4 #cryptocurrency3

https://youtu.be/fP1ff9PJH8g
 
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Bruce B. Dec 13, 2022
Financial Services News
Last active over 7 days
Last active over 7 days
FTX founder Sam Bankman-Fried was arrested by Bahamian authorities Monday. This comes after the US Attorney for the Southern District of New York shared a sealed indictment with the Bahamian government.

This sets the stage for extradition and U.S. trial for the onetime crypto billionaire at the heart of the crypto exchange's collapse.

His arrest is the first concrete move by regulators to hold individuals accountable for the multibillion-dollar implosion of FTX last month.

The charges include wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy, money laundering, and conspiracy to avoid campaign finance regulations.

Meanwhile, the Securities and Exchange Commission has initiated a separate set of charges against Bankman-Fried, relating to "violations of our securities laws, which will be filed publicly tomorrow in the Southern District of New York.”

In a statement, Bahamian Prime Minister Philip Davis said, "The Bahamas and the United States have a shared interest in holding accountable all individuals associated with FTX who may have betrayed the public trust and broken the law."

Bahamian regulators and FTX's attorneys had been engaged in a bruising battle. FTX attorneys accused the Bahamian government of allegedly working with Bankman-Fried to spirit away FTX assets from company control and into crypto wallets controlled by Bahamian regulators.

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https://youtu.be/A-bgR5ZndtY
 
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Bruce B. Dec 12, 2022
Financial Services News
Last active over 7 days
Last active over 7 days
Despite a general economic downturn, the world of global payments has proved resilient in 2022. Cross-border payments began to rebound, with share prices rising in the second half of 2022.

The VC funding space also has seen strong activity, the number of payments startups attracting funding in 2022 was 32% higher than in 2021. The strength of the U.S. dollar has, meanwhile, provided new opportunities for some companies in the space, particularly those catering to business customers looking to best respond to the situation.

The recent collapse has dampened the payment industry’s enthusiasm for cryptocurrencies, however, there remains a significant core of potential for blockchain technology in global payments. Enthusiasm for crypto-related projects has faded, but there are still wins to be had for companies that can harness the technology to deliver trustworthy results for their customers, rather than purely rely on the lure of crypto itself.

The world’s economic challenges are not going to cease to exist in 2023. However, the global payments industry has considerable promise. Increased interest in global operations, from international employees to localized payment solutions, is creating new opportunities that the industry will rise to.

Effective global payments are increasingly vital to companies at a time when cost-consciousness is likely to be on the rise. As we look to 2023 there are a host of areas where the industry can innovate and grow.

#crossborder5 #remittance4 #international0 #remittance3 #remittance2 #crossborder4 #international9 #international8 #cryptocurrency9 #international7 #confidential5 #remittance1 #operations7 #crossborder #remittance0 #crossborder3 #international6 #international5 #crossborder9 #cryptocurrency8 #crossborder2 #confidential4 #crossborder1 #operations6 #confidential3 #confidential2 #crossborder0 #international4 #confidential1 #confidential0 #opportunities9 #opportunities #cryptocurrency7 #cryptocurrency6 #operations9 #international3 #confidential9 #cryptocurrency #blockchain #crossborder8 #crossborder7 #crossborder4 #cryptocurrency5 #confidential8 #operations5 #opportunities8 #opportunities7 #crossborder6 #opportunities6 #challenges #operations #opportunities5 #cryptocurrency4 #cryptocurrency3 #cryptocurrency2 #confidential #international2 #opportunities4 #operations4 #operations3 #twentytwentythree #operations2 #operations1 #operations0 #confidential7 #opportunities3 #remittance9 #opportunities2 #operations8 #remittance8 #international1 #remittance #opportunities1 #international #cryptocurrency1 #remittance7 #remittance6 #remittance5 #cryptocurrency0 #confidential6 #opportunities0 #challenges0

https://youtu.be/zAwYkqChjGA
 
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